Cyber Risk News

Nashville Man Faked Identity, Illegally Obtained TennCare Benefits

The Office of the TennCare Inspector General has arrested Ricky Kenneth Lyons of Nashville, charging him with assuming the identity of a TennCare enrollee for more than a year and illegally obtaining benefits at local pharmacies and doctor’s offices. Lyons …

Commissioner Announces Ark. Insurance Day

Arkansas Insurance Commissioner Julie Benafield Bowman announced that the state’s Fifth Annual Insurance Day will take place Sept. 28-29, 2005. The commissioner said Arkansas Insurance Day is designed to expose college students to the benefits of the insurance industry, with …

GNW-Evergreen of Los Angeles Completes Phase 2 of Merger

Los Angeles, Calif.-based GNW-Evergreen Insurance Services LLC announced completion of phase 2 of its merger. The newly completed 20,000-square-foot state-of-the-art insurance facility in Encino, California will allow GNW-Evergreen Insurance Services the physical space needed to manage a full range of …

PCI Says: N.C. Legislature Passed Important Workers’ Comp Reforms

As North Carolina lawmakers prepare for adjournment after a long session, they can claim credit for passing important reforms to the state’s workers compensation system and identity theft protection legislation this week. “This session the Legislature took an important first …

Allied World Announces Three Management Changes

Allied World Assurance Company, Ltd. [AWAC] has announced the following management changes: — Daniel Brandon has been promoted to the position of senior vice president, Professional-Specialty Lines Treaty Reinsurance — Mike McCrimmon has been promoted to the position of senior …

La. AG to Kick Off ‘ScamJam’

Louisiana Attorney General Charles C. Foti, Jr., will be the keynote speaker and will help kickoff the first annual ScamJam on Aug. 17, 2005, in Acadiana. The AG’s office said the one-day event is aimed at educating consumers about the …

Ark. AG: New Service Provides Credit Protection for Deployed Troops

Attorney General Mike Beebe issued a consumer alert regarding a new service available to help military personnel protect their credit records while they are deployed around the world protecting their fellow Americans. All members of the military may now request …

Recovering from ID Theft Can Be Difficult, Costly, Victims Report

Twenty-eight percent of identity theft victims indicate they have not been able to restore their identities, despite averaging more than a year trying. Results of a survey of 1,097 identify theft victims by Nationwide Mutual Insurance Co. also shows victims …

New Markets

Outsourcing Coverage Nuts & Bolts: Lexington Ins. Co., a member company of American International Group, launched Outsourcing Protector, a new property insurance offering designed to help companies address the risks of domestic and overseas outsourcing. Outsourcing Protector, an endorsement to …

LSP ARRESTS ALEXANDRIA MAN FOR ID THEFT

The Louisiana State Police announced the arrest of Sam Medica, age 42, of Alexandria, who is charged with LRS 14:67.16 Identity Theft (1 Count). Medica’s arrest follows a year-long investigation that began when insurance fraud detectives received a complaint from …